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Currencies and grain trading

- 28 April 1998
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28 April 1998

Currencies and grain trading


Tuesday, 28 April, 1998

  • £1=DM2.992 / FFr10.030 / $1.672

  • French FOB spot wheat value: FFr 745.00 (£ 74.27)

  • Chicago May wheat at close: $2.97 (£ 65.19)



Futures:


MONDAY was a very quiet day. Reports from the USA are rating the winter wheat at 76% good to excellent, and US levels are just above contract lows.





Prices at Mondays
wheat futures close:


MONTH Close Change
MAY 77.10 + 0.20
JULY 79.10 + 0.10
SEP 76.00 -0.25
NOV 78.00 -0.25
JAN 80.00 -0.25
MAR 82.00 -0.25

    Approximate commodity
    values, £/ tonne, ex-farm:





    April Class 1 milling108/112
    April feed wheat70/72
    April feed barley70/72
    Harvest feed wheat68/70




  • Information provided by BDR Agriculture Ltd, Harvest House, 64 North Street, Bourne, Lincolnshire PE10 9AJ – click here for further details

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